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Message #6
From: Stock News Bot
Date: December 12, 2006 02:57:00 PM

PDHO News Paradigm Solutions Corporation Awarded Federal Bureau of Prisons (BOP) Contract to Implement a Bureau-wide Crisis/Incident Management System

ROCKVILLE, Md.--(BUSINESS WIRE)--Paradigm Holdings, Inc. (OTCBB: PDHO), announced that Paradigm Solutions Corporation (Paradigm), its wholly-owned subsidiary, has been awarded a contract with the Federal Bureau of Prisons (BOP) to implement a Bureau-wide crisis/incident management system. As part of the contract, which was awarded on September 22, 2006, BOP will purchase and utilize Paradigm’s web-based Continuity of Operations (COOP) program development and implementation software tool, OpsPlannerTM. This solution will enhance BOP’s ability to automate and streamline the contingency plan activation and crisis/incident management process. OpsPlanner includes full auditing capability, which facilitates post-event review and analysis.

Commenting on the award, Peter B. LaMontagne, Paradigm Holdings, Inc. President and Chief Operating Officer, stated, “We are very pleased to have been awarded the opportunity to support BOP in enhancing COOP and Crisis management and response. We recognize and respect the importance of this work within BOP’s mission for the Department of Justice.”

A component of the Department of Justice, BOP’s mission is to protect society by confining offenders in the controlled environments of prisons and community-based facilities that are safe, humane, cost-efficient, and appropriately secure, and that provide work and other self-improvement opportunities to assist offenders in becoming law-abiding citizens. Today, the Bureau consists of more than 113 institutions, 6 regional offices, a Central Office (headquarters), 2 staff training centers, and 28 community corrections offices. They are responsible for the custody and care of approximately 185,000 Federal offenders.

About Paradigm Holdings, Inc.

Paradigm Holdings, Inc., (www.paradigmsolutions.com) parent company of Paradigm Solutions Corporation and Paradigm Solutions International, is a comprehensive information technology and business solutions provider for government and commercial enterprises. Paradigm Solutions Corporation specializes in Enterprise Risk Management, Systems Engineering, Infrastructure Support, and Program Management for government customers. Paradigm Solutions International markets OpsPlannerTM disaster recovery and emergency management software and information technology security consulting to commercial enterprises. Headquartered in Rockville, Maryland, the company currently employs nearly 300 people across 12 states.

Safe Harbor Statement

This press release may contain forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbor created by those sections. Paradigm Holdings, Inc. assumes no obligation to update the information contained in this press release. Future results for Paradigm Holdings, Inc. may be affected by its ability to continue to implement its government technology solutions, its dependence on the federal government and state and local governments and other federal government contractors as its major customers, timely passage of components of the federal budget, timely obligations of funding by the federal and state governments, its dependence on procuring, pricing and performing short-term government contracts, its dependence on hiring and retaining qualified professionals, potential fluctuations in its quarterly operating results, including seasonal impacts, its dependence on certain key employees and its ability to timely and effectively integrate the businesses it may acquire. For further information about forward-looking statements and other Paradigm Holdings, Inc. specific risks and uncertainties please refer to recent SEC filings for Paradigm Holdings, Inc., which are available from the Edgar Web site at www.edgar.org.

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